https://www.taxtmi.com/caselaws?id=26896 The court dismissed the writ petition challenging the retention of account books beyond 180 days by the income-tax authorities under section 132(8) of the Income-tax Act, 1961. The court emphasized the need for the documents in assessment proceedings, rejected the petitioner's arguments of delay, and upheld the retention, noting the lack of prejudice shown by the petitioner. The court vacated the interim order staying assessment proceedings, allowing the authorities to retain the account books for the ongoing assessment process. en-us Mon, 12 Nov 1984 00:00:00 +0530 Tue, 09 Feb 2010 11:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26896 The court dismissed the writ petition challenging the retention of account books beyond 180 days by the income-tax authorities under section 132(8) of the Income-tax Act, 1961. The court emphasized the need for the documents in assessment proceedings, rejected the petitioner's arguments of delay, and upheld the retention, noting the lack of prejudice shown by the petitioner. The court vacated the interim order staying assessment proceedings, allowing the authorities to retain the account books for the ongoing assessment process. Case-Laws Income Tax Mon, 12 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26896